Personnel - Page 216 | Inside Mortgage Finance

What We’re Hearing: Nonbanks Almost Equal to Banks in GSE MBS / More Mortgage Trouble for Cerberus / Meddling by Cerberus? / Hope for Ocwen? / The Failed GSE Duopoly? / Investor Unite a Bust?

January 16, 2015

The Federal Housing Finance Agency will unveil nonbank capital guidelines for servicers by mid-year. Also on the docket: Changes to loan level price adjustments..

Short Takes: A Boom in Bank MSR Sales? / Ocwen’s Bonds Hold Up / Common Securitization Solutions’ ‘Black Budget’ / New Global Mortgage Chief for Citi / New Hires for Auction.com

January 15, 2015

Paul Muolo

The FHFA, so far, has declined to provide a budget figure to the general public.

Short Takes: JPM Touts Correspondent Channel / CFPB Chief Cordray Says the Sky Did Not Fall / What? / Supreme Court Deals Blow to RBS, Nomura

January 13, 2015

Paul Muolo and Thomas Ressler

Despite Cordray's proclamation, loan production fell by 35 percent last year, but all that was tied to refis plunging. Right?...

Want to Make Money as a Loan Officer? Don’t Work at a Bank

January 11, 2015

Paul Muolo

How much a loan officer earns can be determined by where his/her leads come from.

Short Takes: Quicken Chief Economist: ‘Rates Could Go Lower’ / Oil, Housing, Mortgages? / One Crazy Mortgage Guy is Against Lower FHA Premiums / TPLS Buying MSRs / New PAC Chief for MBA

January 8, 2015

Brandon Ivey and Paul Muolo

Mortgage lenders are delirious about lower FHA premiums, right? Well, not everyone.

Ellie Mae Founder Sig Anderman Stepping Down as CEO

January 6, 2015

Paul Muolo

Anderman took Ellie Mae public in 2011. The company now has a market cap north of $1.1 billion.

Short Takes: Ocwen Clocked Again / New Mortgage Blood? / What’s Next for Sig Anderman? / WaMu Lives, Well Sort Of / Auction.com Sees Possible Shift in CRE

January 6, 2015

Brandon Ivey and Paul Muolo

“There’s a lot of 60- and 70-year old mortgage managers out there.”

Short Takes: PHH May Unveil Renegotiated Private-Label Deals Soon / LOs are Hot, Mortgage Executives Are Not? / NPL Sales Weak of Late? / Large Wholesaler Enters 3% Down Market / Pingora Rocks in MSRs

December 31, 2014

Paul Muolo

According to Rick Roque, who heads MenloGlobal, “for the most part, executive level opportunities are stagnant, unless production comes with it."

The Best Paid Mortgage LOs are in Arizona, California, New Jersey, New York

December 30, 2014

Paul Muolo

Some banks pay between 50 and 80 basis points per loan. At the top end of the market are loan officers who earn between 150 and 200 basis points per transaction.

In 2015, JPM Will Hire Mortgage Workers, Wells Mum

December 30, 2014

Paul Muolo and Sherry Muolo

According to figures compiled by Inside Mortgage Finance, Wells Fargo was the nation’s largest home lender in the third quarter with $49.95 billion. JPM was a distant second.

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What We’re Hearing: Nonbanks Almost Equal to Banks in GSE MBS / More Mortgage Trouble for Cerberus / Meddling by Cerberus? / Hope for Ocwen? / The Failed GSE Duopoly? / Investor Unite a Bust?

Short Takes: A Boom in Bank MSR Sales? / Ocwen’s Bonds Hold Up / Common Securitization Solutions’ ‘Black Budget’ / New Global Mortgage Chief for Citi / New Hires for Auction.com

Short Takes: JPM Touts Correspondent Channel / CFPB Chief Cordray Says the Sky Did Not Fall / What? / Supreme Court Deals Blow to RBS, Nomura

Want to Make Money as a Loan Officer? Don’t Work at a Bank

Short Takes: Quicken Chief Economist: ‘Rates Could Go Lower’ / Oil, Housing, Mortgages? / One Crazy Mortgage Guy is Against Lower FHA Premiums / TPLS Buying MSRs / New PAC Chief for MBA

Ellie Mae Founder Sig Anderman Stepping Down as CEO

Short Takes: Ocwen Clocked Again / New Mortgage Blood? / What’s Next for Sig Anderman? / WaMu Lives, Well Sort Of / Auction.com Sees Possible Shift in CRE

Short Takes: PHH May Unveil Renegotiated Private-Label Deals Soon / LOs are Hot, Mortgage Executives Are Not? / NPL Sales Weak of Late? / Large Wholesaler Enters 3% Down Market / Pingora Rocks in MSRs

The Best Paid Mortgage LOs are in Arizona, California, New Jersey, New York

In 2015, JPM Will Hire Mortgage Workers, Wells Mum

Latest Imf News

Former FHFA Chief, HPC Not Happy With Hike in GSE Loan Limits

Michigan Bank Changes Mind on Unloading Warehouse Unit

Value of Bank MBS Turns Higher in 3Q24

Freedom CEO Isn't Worried About a Trump-Effect on FHA, VA

Featured Data

Refinance Volume in GSE MBS Jumps in October

Nonbank Earnings Pummeled by MSR Losses in 3Q

Correspondents Gain Agency Market Share in Third Quarter

Second-Level MBS Issuance Slows in 3Q, CMO Down

Featured Reports

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

Agency Channel Analysis: 3Q24 (PDF)

IMF Mortgage Directory: Full interactive database

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

Personnel
RSS